Advance Developing Markets Trust

Advance Developing Markets Trust
Company typePublic Limited Company
Formerly LSEADD
IndustryInvestments
FoundedMay 14, 1998 (1998-05-14)[1]
FounderPeter O'Connor and James Robinson
DefunctOctober 24, 2018 (2018-10-24)
FateDissolved
Headquarters,
ProductsInvestments in emerging markets

Advance Developing Markets Trust was a large British investment trust dedicated to investments in emerging markets. Established in 1998, the company was a constituent of the FTSE 250 Index until September 2008 when it was dissolved. It was a fund of funds and so invested indirectly in emerging markets through other funds and was managed by Progressive Assets Management.[2] The Chairman was Peter O'Connor.

References

  1. ^ "Advance Developing Markets Trust Plc". UK Companies House. 14 May 1998.
  2. ^ "Advance Developing Markets (ADD)". Investors Chronicle. 5 November 2004.